SWIR Global Market Report 2025

Description

Short-wave infrared (SWIR) refers to a specific segment of the infrared spectrum ranging from approximately 1,000 nanometers (nm) to 3,000 nm in wavelength. SWIR imaging finds application in various fields such as industrial inspection, surveillance, and scientific research. It is valued for its ability to penetrate materials such as smoke, haze, and certain fabrics, providing detailed images that are not visible in the visible light spectrum.

The primary types of SWIR imaging include area scan and line scan. Area scan involves capturing an entire image at once, making it suitable for stationary objects or scenes. It utilizes both cooled and uncooled technologies and serves multiple industries such as electronics, aerospace, food and beverage, automotive, medical and healthcare, military and defense, among others.

The SWIR market research report is one of a series of new reports from The Business Research Company that provides SWIR market statistics, including SWIR industry global market size, regional shares, competitors with a SWIR market share, detailed SWIR market segments, market trends and opportunities, and any further data you may need to thrive in the SWIR industry. This SWIR market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The swir market size has grown strongly in recent years. It will grow from $2.38 billion in 2024 to $2.58 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to rising investments in the military and defense sector, increasing adoption of SWIR technology for semiconductor inspection, expanding applications of SWIR technology in diverse industries such as surveillance, agriculture, and medical imaging, increasing penetration of SWIR technology in the commercial, industrial, and automotive sectors, rising demand for SWIR cameras in the food and beverage industries.

The swir market size is expected to see strong growth in the next few years. It will grow to $3.58 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to the increasing adoption of SWIR cameras in the oil and gas, glass, and medical industries, increasing use of SWIR cameras for craft inspection, spectrometry, and astronomy, growing need for SWIR cameras in ergonomics and psychology research, expanding applications of SWIR cameras in-vehicle navigation, especially in adverse conditions such as fog, snow, or dust, increasing adoption of SWIR cameras by governments. Major trends in the forecast period include the integration of SWIR technology into night vision systems, research and development initiatives, adoption of SWIR cameras in process industries, use of SWIR cameras for driver vision augmentation, and advancements in image sensors.

The anticipated growth in military and defense investments is set to drive expansion within the SWIR market. This sector encompasses the development, manufacturing, and provision of military equipment, technologies, and services aimed at national defense and security. The upsurge in military and defense industries is fueled by rising geopolitical tensions, advancements in technology, and the increasing necessity for national security and defense modernization efforts. These investments propel the adoption of SWIR technology, particularly in imaging, to enhance capabilities in surveillance, reconnaissance, and target identification. For example, a report from the Stockholm International Peace Research Institute in April 2023 revealed that global military spending surged to a record $2,240 billion in 2022, with a notable 13% increase in military expenditure across Europe. This underscores the pivotal role of increased defense investments in driving growth in the SWIR market.

Key players in the SWIR market are focusing on innovative technologies such as SWIR cameras to maintain competitive advantages. These compact industrial and advanced scientific cameras utilize InGaAs sensor technology to capture images in the short-wave infrared spectrum, typically ranging from 900 nm to 1,700 nm. For instance, in November 2022, Allied Vision Technologies GmbH launched the Goldeye series, featuring SWIR cameras equipped with dual-stage sensors, cooling systems, and advanced image correction capabilities. These cameras enable detection in wavelengths from 1.9 to 2.2 micrometers, making them versatile for applications such as laser beam profiling, material composition analysis, and contamination detection.

In April 2022, Toshiba Teli partnered with TriEye to commercialize a high-definition CMOS-based SWIR camera for industrial use. This collaboration aims to advance SWIR technology globally, enhancing machine vision capabilities across various industries. TriEye, based in Israel, specializes in developing CMOS-based SWIR sensing solutions tailored for mass-market applications, further demonstrating the strategic advancements within the SWIR technology sector.

Major companies operating in the swir market are BAE Systems, Thales Group, Raptor Photonics Ltd., Leonardo DRS Inc., Hamamatsu Corp., Jenoptik AG, FLIR Systems Inc., Gooch & Housego Plc, Teledyne DALSA Inc., Sofradir, Lynred, Xenics NV, Sensors Unlimited Inc., InView Technology Corporation, IRCameras LLC, Episensors Inc., Allied Vision, Sierra-Olympic Technologies Inc., Irnova AB, New Imaging Technologies, Photon Etc Inc., Princeton Infrared Technologies Inc., SWIR Vision Systems Inc., QmagiQ LLC

North America was the largest region in the SWIR market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the swir market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the swir market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The SWIR market consists of revenues earned by entities by providing services such as custom optics design, remote sensing, industrial inspection, and medical imaging. The market value includes the value of related goods sold by the service provider or included within the service offering. The SWIR market also includes sales of SWIR cameras, SWIR sensors, SWIR lenses, and SWIR spectrometers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

SWIR Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on swir market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for swir ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The swir market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Area Scan; Line Scan
2) By Technology: Cooled; Uncooled
3) By End-User: Electronics And Communication; Aerospace; Food And Beverage; Automotive; Medical And Healthcare; Military And Defense; Other End-Users
Subsegments:
1) By Area Scan: Multispectral Area Scan SWIR Cameras; Hyperspectral Area Scan SWIR Cameras; High-Speed Area Scan SWIR Cameras
2) By Line Scan: Continuous Line Scan SWIR Cameras; High-Resolution Line Scan SWIR Cameras; High-Speed Line Scan SWIR Cameras
Companies Mentioned: BAE Systems; Thales Group; Raptor Photonics Ltd.; Leonardo DRS Inc.; Hamamatsu Corp.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r31356

1. Executive Summary

2. SWIR Market Characteristics

3. SWIR Market Trends And Strategies

4. SWIR Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

5. Global SWIR Growth Analysis And Strategic Analysis Framework

5.1. Global SWIR PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global SWIR Market Growth Rate Analysis
5.4. Global SWIR Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global SWIR Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global SWIR Total Addressable Market (TAM)

6. SWIR Market Segmentation

6.1. Global SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Area Scan
Line Scan
6.2. Global SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Cooled
Uncooled
6.3. Global SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Electronics And Communication
Aerospace
Food And Beverage
Automotive
Medical And Healthcare
Military And Defense
Other End-Users
6.4. Global SWIR Market, Sub-Segmentation Of Area Scan, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Multispectral Area Scan SWIR Cameras
Hyperspectral Area Scan SWIR Cameras
High-Speed Area Scan SWIR Cameras
6.5. Global SWIR Market, Sub-Segmentation Of Line Scan, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Continuous Line Scan SWIR Cameras
High-Resolution Line Scan SWIR Cameras
High-Speed Line Scan SWIR Cameras

7. SWIR Market Regional And Country Analysis

7.1. Global SWIR Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global SWIR Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific SWIR Market

8.1. Asia-Pacific SWIR Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China SWIR Market

9.1. China SWIR Market Overview
9.2. China SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India SWIR Market

10.1. India SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan SWIR Market

11.1. Japan SWIR Market Overview
11.2. Japan SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia SWIR Market

12.1. Australia SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia SWIR Market

13.1. Indonesia SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea SWIR Market

14.1. South Korea SWIR Market Overview
14.2. South Korea SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe SWIR Market

15.1. Western Europe SWIR Market Overview
15.2. Western Europe SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK SWIR Market

16.1. UK SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany SWIR Market

17.1. Germany SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France SWIR Market

18.1. France SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy SWIR Market

19.1. Italy SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain SWIR Market

20.1. Spain SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe SWIR Market

21.1. Eastern Europe SWIR Market Overview
21.2. Eastern Europe SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia SWIR Market

22.1. Russia SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America SWIR Market

23.1. North America SWIR Market Overview
23.2. North America SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA SWIR Market

24.1. USA SWIR Market Overview
24.2. USA SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada SWIR Market

25.1. Canada SWIR Market Overview
25.2. Canada SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America SWIR Market

26.1. South America SWIR Market Overview
26.2. South America SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil SWIR Market

27.1. Brazil SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East SWIR Market

28.1. Middle East SWIR Market Overview
28.2. Middle East SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa SWIR Market

29.1. Africa SWIR Market Overview
29.2. Africa SWIR Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa SWIR Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa SWIR Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. SWIR Market Competitive Landscape And Company Profiles

30.1. SWIR Market Competitive Landscape
30.2. SWIR Market Company Profiles
- 30.2.1. BAE Systems Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Thales Group Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Raptor Photonics Ltd. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Leonardo DRS Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. Hamamatsu Corp. Overview, Products and Services, Strategy and Financial Analysis

31. SWIR Market Other Major And Innovative Companies

31.1. Jenoptik AG
31.2. FLIR Systems Inc.
31.3. Gooch & Housego Plc
31.4. Teledyne DALSA Inc.
31.5. Sofradir
31.6. Lynred
31.7. Xenics NV
31.8. Sensors Unlimited Inc.
31.9. InView Technology Corporation
31.10. IRCameras LLC
31.11. Episensors Inc.
31.12. Allied Vision
31.13. Sierra-Olympic Technologies Inc.
31.14. Irnova AB
31.15. New Imaging Technologies

32. Global SWIR Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The SWIR Market

34. Recent Developments In The SWIR Market

35. SWIR Market High Potential Countries, Segments and Strategies

35.1 SWIR Market In 2029 - Countries Offering Most New Opportunities
35.2 SWIR Market In 2029 - Segments Offering Most New Opportunities
35.3 SWIR Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer